Question: Question 8 4.5 points Save Ans If the yield to maturity on a 3-year annual-payment 8% bond suddenly changed from 7% to 6%, what is

Question 8 4.5 points Save Ans If the yield to maturity

on a 3-year annual-payment 8% bond suddenly changed from 7% to 6%,

what is the change in the bond price? +$26.24 O a. Ob.

Question 8 4.5 points Save Ans If the yield to maturity on a 3-year annual-payment 8% bond suddenly changed from 7% to 6%, what is the change in the bond price? +$26.24 O a. Ob. -$53.46 -$26.24 O c. +$53.46 O d. +$27.22 O e. Question 7 4.5 points Save Answ Calculate the value of a bond which has a 6% coupon rate, 4 years to maturity and pays interest semi-annually if the yield to maturity is 12% $768.14 O a. $908.11 b. $817.76 C. $877.88 d. $813.71 e. Question 6 4.5 points Save Ans Jack and Jill just had their first child. If college is expected to cost 150,000 per year in 18 years, how much should the couple begin depositing annually at the end of each year to accumulate enough funds to pay the first year's tuition at the beginning of the 19th year. Assume that they can earn a 4% annual rate of return on their investment. $5849 O a. $8333 Ob. $7862 Oc. $4853 d

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Question 5 If the yield to maturity on a 3-year annual-payment 8% bond suddenly changed from 7% to 6%, what is the change in the bond price? -$26.24 a. +$26.24 b. -$53.46 C. +$27.22 d. +$53.46 e

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